Monday, October 26, 2015


For the third time a eurozone country has effectively suspended the rule of law and democratic principles. After Greece and Italy it's now Portugal's turn to follow suit. Portugal’s President has refused to appoint a Left-wing coalition government even though it secured an absolute majority in the Portuguese parliament and won a mandate.

Oct 23, 2015 Portugal's president asked incumbent centre-right PM to form a government although it has no majority in Parliament. 

UPDATE: According to experts on Portuguese politics this kerfuffle is all due to an intricacy that is inherent in the system. That is somehow proof that this isn't a coup by the eurocrats. Check the comments at the bottom of present posting. But these advocates are missing the point, which is that the President of Portugal -- for reasons best known to himself -- has chosen to let other interests prevail over the electoral result. It is, what it is, folks! Here's MEP Hannan about this matter:


Oct. 26, 2015


Some well known protagonists of European Union are proliferating tweets in an attempt to misdirect. One thread is spreading the rumor of a Twitter "hoax", while another is posting photos of the Lisbon Marathon as mass protests, knowing full well he's spreading a lie.

Oct. 25, 2015


"Eurozone crosses the Rubicon", is the heading of a truly alarming article in the British Telegraph: now where have we heard this before? The eurocrats have effectively suspended democracy, again. And no one in the mainstream media is reporting it, again. No one is paying attention, again. We can come to an even wider conclusion. Just as Hillary Clinton is getting away with serial lying under oath and Obama has suspended the US Constitution, so the EU is sidelining the state of democracy whenever it fits its purposes. The essence of freedom is not the ballot box, but a Government that respects its own limits of operation, values and laws. Tyranny isn't harsh laws, but arbitrary laws (including upholding the law whenever it suits the convenience of the rulers). In this case the interests of the eurocrats and their project of the common currency are transcending the will of the voters. It happened before: in Greece, in Italy and in more subtle way, in Ireland too.
Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest. Anibal Cavaco Silva, Portugal’s constitutional president, has refused to appoint a Left-wing coalition government even though it secured an absolute majority in the Portuguese parliament and won a mandate to smash the austerity regime bequeathed by the EU-IMF Troika. He deemed it too risky to let the Left Bloc or the Communists come close to power, insisting that conservatives should soldier on as a minority in order to satisfy Brussels and appease foreign financial markets. Democracy must take second place to the higher imperative of euro rules and membership. “In 40 years of democracy, no government in Portugal has ever depended on the support of anti-European forces, that is to say forces that campaigned to abrogate the Lisbon Treaty, the Fiscal Compact, the Growth and Stability Pact, as well as to dismantle monetary union and take Portugal out of the euro, in addition to wanting the dissolution of NATO,” said Mr Cavaco Silva. (...) 
Read it all! (Source)

One final word for our colleagues and friends on the other side of the aisle. We are here defending the democratic rights of the political Left in the interest of larger principles. Voltaire has said: "I do not agree with what you have to say, but I'll defend to the death your right to say it" and we may add, even though our opponents on the Left do not reciprocate the honor!

Note: The incumbent Government of Pedro Passos Coelho (wiki) is described as center-right. The PM himself is a Social-Democrat and a former CFO of Fomentinvest, a Green Energy Corporation. (website) We have as yet not been able to establish a link with Goldman Sachs, as was the case in Greece, Italy and Ireland.